Costa Group Holdings Ltd is a leading Australian agricultural company that operates in the fruit farming sector. The company has a rich history that dates back to 1888 when the Costa family started farming in New South Wales. Today, Costa Group is a publicly listed company that has diversified its operations to include fruit and vegetable growing, packing, marketing, and distribution.

Costa Group is committed to sustainability and has set ambitious targets to reduce its carbon footprint. The company has a decarbonisation strategy that aims to reduce its greenhouse gas emissions by 50% by 2030. To achieve this target, Costa Group is investing in renewable energy and energy efficiency measures.

Corporate energy is a key focus for Costa Group, and the company is exploring ways to reduce its energy consumption and increase its use of renewable energy. One of the ways that Costa Group is achieving this is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a fixed amount of renewable energy at a fixed price. Costa Group has signed several corporate PPAs with renewable energy providers to power its operations with clean energy.

Renewable energy is a critical component of Costa Group's sustainability strategy, and the company is investing in renewable energy projects to reduce its carbon footprint. In 2019, Costa Group announced that it had signed a 10-year corporate PPA with ENGIE to purchase renewable energy from the Crudine Ridge Wind Farm in New South Wales. The wind farm will provide Costa Group with 75% of its electricity needs and reduce its greenhouse gas emissions by 50,000 tonnes per year.

Costa Group is also exploring other renewable energy options, such as solar power. In 2020, the company announced that it had installed a 2.8 MW solar system at its Guyra tomato farm in New South Wales. The solar system will provide the farm with 40% of its electricity needs and reduce its greenhouse gas emissions by 2,200 tonnes per year.

In addition to renewable energy, Costa Group is investing in energy efficiency measures to reduce its energy consumption. The company has implemented a range of initiatives, such as upgrading its lighting systems, installing energy-efficient equipment, and improving its building insulation. These measures have resulted in significant energy savings and reduced the company's carbon footprint.

Costa Group is also committed to sustainable farming practices and has implemented a range of initiatives to reduce its environmental impact. For example, the company has implemented integrated pest management practices, which reduce the use of pesticides and herbicides. Costa Group has also invested in water-efficient irrigation systems and uses recycled water where possible.

The company's commitment to sustainability has been recognised by several industry awards. In 2019, Costa Group was awarded the Banksia Foundation's Sustainability Leadership Award for Large Business. The award recognised Costa Group's commitment to sustainability and its efforts to reduce its environmental impact.

In conclusion, Costa Group Holdings Ltd is a leading Australian agricultural company that operates in the fruit farming sector. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint. Costa Group is investing in renewable energy and energy efficiency measures to achieve its sustainability goals. The company has signed several corporate PPAs with renewable energy providers and is exploring other renewable energy options, such as solar power. Costa Group's commitment to sustainability has been recognised by several industry awards, and the company is a leader in sustainable farming practices.